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Boosters And Mandate Could Increase Vaccine Demand
Tuesday, September 21, 2021 - 5:55pm | 1437This is an excerpt from Medically Necessary, a health care supply chain newsletter. Subscribe here. The news: A panel advising the Food and Drug Administration recommended approving COVID-19 booster shots only for people over age 65 and people who have a high risk of developing severe COVID-19...
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Reopening Day: Airlines, Casinos, Hotels Get Boost Despite Rising Covid Cases
Wednesday, September 1, 2021 - 10:12am | 2252As a new month opens, “reopening” stocks are finding some new life in spite of growing worries about the Delta variant. Shares of stocks tied to the reopening of the economy, including casinos, restaurants, hotels, and airlines, helped lead overnight gains. Overall, Tuesday’s...
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Moderna Withdraws 1.6M COVID-19 Vaccine Doses In Japan Over Contamination Concerns
Thursday, August 26, 2021 - 12:34am | 529More than a million doses of Moderna Inc’s (NASDAQ: MRNA) coronavirus vaccine have been taken out of circulation in Japan after reports of contamination emerged, Nikkei Asia reported Wednesday. What Happened: Nearly 1.6 million doses were put out of use in Japan, as per the country’s...
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Here's Why Moderna's Shares Are Rebounding From Recent Losses
Tuesday, August 17, 2021 - 11:54am | 354Moderna Inc (NASDAQ: MRNA) shares are reversing course and are higher Tuesday. UK Expands Authorization: The UK drug regulator — the Medicines and Healthcare Products Regulatory Agency — announced Tuesday it has expanded the authorization given to Moderna's...
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Novavax Appoints New CFO Amid Inordinate Delay In COVID-19 Vaccine Authorization
Monday, August 16, 2021 - 1:26pm | 497Novavax, Inc. (NASDAQ: NVAX) announced new hires to its executive team even as it is stymied by the delay in getting authorization for its COVID-19 vaccine in the U.S. What Happened: Novavax announced Monday it has appointed biopharma industry veteran Jim Kelly as executive vice president, CFO and...
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Moderna Announces Expanded Supply Agreement With Canada, Initiation Of mRNA Therapeutic Study For Inherited Disorder
Monday, August 16, 2021 - 12:42pm | 376Moderna Inc (NASDAQ: MRNA) announced a double dose of positive tidings Monday, but the stock is still wallowing in the red amid a sell-off seen across vaccine stocks. Moderna Augments Supply Deal With Canada: Cambridge, Massachusetts-based Moderna announced a revised supply agreement...
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Watch Out: Inovio Pharmaceuticals Is Heating Up
Thursday, August 12, 2021 - 3:53pm | 331Inovio Pharmaceuticals Inc. (NASDAQ: INO) shares are trading higher Thursday alongside other vaccine maker stocks. Stocks have been trading higher recently as the COVIS-19 delta variant has been spreading throughout the U.S. Inovio Pharmaceuticals was up 13.45% at $9.70 at last check...
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FDA Expected To Authorize Moderna, Pfizer COVID-19-Vaccine Third Doses For Some People Today: NYT
Thursday, August 12, 2021 - 2:33am | 388The U.S. Food and Drug Administration is expected to authorize on Thursday a third dose of the Pfizer Inc. (NYSE: PFE)-BioNTech SE (NASDAQ: BNTX) and Moderna Inc. (NASDAQ: MRNA) COVID-19 vaccines for certain people with weakened immune systems, the New York Times reported. What Happened: The...
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Dyadic Stock Jumps On Development Pact With Sorrento For Diagnostics & Therapies For Coronaviruses
Wednesday, August 11, 2021 - 4:36pm | 241Dyadic International Inc (NASDAQ: DYAI) and Sorrento Therapeutics Inc (NASDAQ: SRNE) have announced a binding term sheet for a License Agreement to develop and commercialize vaccines, therapeutics, and diagnostics for coronaviruses, including Dyadic's lead COVID-19...
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Why Moderna Stock Is Continuing Its Losses Today
Wednesday, August 11, 2021 - 1:44pm | 302The sell-off in Moderna, Inc. (NASDAQ: MRNA)'s shares intensified Wednesday amid fears concerning stretched valuation and potential side effects from its mRNA vaccine. Moderna shares closed at a record high of $484.47 on Monday, propelled by optimism concerning its vaccine against the novel...
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What's Up With Novavax Stock?
Monday, August 9, 2021 - 11:35pm | 458Novavax, Inc (NASDAQ: NVAX) shares closed 12.24% higher in the regular session on Monday. What Happened: The biotechnology company working on a COVID-19 vaccine saw its shares move 0.74% higher in the after-hours trading. The New York State Common Retirement Fund, the third-largest public pension...
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Moderna Is Now Valued Higher Than 130-Year Old Vaccine Giant Merck
Monday, August 9, 2021 - 10:38pm | 520Moderna Inc (NASDAQ: MRNA), a company founded in 2010, is now worth more than the 130-year old Merck & Co., Inc (NYSE: MRK) in terms of market capitalization. What Happened: Moderna’s shares spiked Monday amid a string of positive news including being granted provisional registration...
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If Moderna Is 'Executing Superbly' On Its COVID-19 Vaccine Portfolio, Why Is This Analyst Downgrading The Stock?
Friday, August 6, 2021 - 1:26pm | 429Moderna Inc (NASDAQ: MRNA) shares are experiencing weakness for a second straight session following the release of its quarterly results. The Moderna Analyst: Oppenheimer analyst Hartaj Singh downgraded Moderna shares from Outperform to Perform. The Moderna Thesis: Moderna exceeded...
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Here's Why Novavax Stock Is Crashing
Friday, August 6, 2021 - 12:26am | 333Novavax, Inc (NASDAQ: NVAX) shares slipped nearly 10% in the after-hours trading on Thursday. What’s Moving? The biotechnology company’s shares crashed 9.79% to $213.07 in the after-hours session on Thursday after closing 5.54% higher at $236.20. The fall in the shares came after the...
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Why Novavax Looks Like It Could Be Breaking Out
Wednesday, August 4, 2021 - 1:28pm | 343Novavax, Inc. (NASDAQ: NVAX) shares rallied higher Wednesday after the company announced it finalized an advanced purchase agreement with the European Commission for the purchase of up to 200 million doses of its COVID-19 vaccine. Novavax was up 20.50% at $227.73 at last check Wednesday....